Nehemiah Economic Development Inc
TUITION GTANTS TO STUDENTS FUNDS TO IMPROVE STRUCTURES IN DESIGNATED AREAS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$532K
+1.8% YoY
Annual Giving
$60K
+20.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$60K
+20.0% YoY
About Nehemiah Economic Development Inc
Based on IRS filings
Nehemiah Economic Development Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $532K in total assets. In 2024, it awarded 1 grants totaling $60K. Net investment income was $5K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $531,895 | $522,531 | $496,401 |
| Revenue | $122,762 | $141,481 | $120,972 |
| Expenses | $113,401 | $86,927 | $72,421 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,791 | $4,235 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LEBENE HORMEKU | PRESIDENT | 20 | — |
| GLORIA OBIOUMA | TREASURER | 20 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Ramsleg Foundation
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Assets
$543
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Total Given
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Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
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Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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